This is an intermediate level course for those with a working knowledge of compensation. It is not intended for the advanced practitioner.
The webinar provides a detailed overview of global compensation for human resources professionals who are new to the field, experiencing international business growth, or interested in learning more about multinational compensation programs. The webinar will concentrate on key concepts that are needed to manage effective global compensation programs. Discussions will include how to deliver fair and competitive compensation programs across the globe while increasing awareness of the key differences and requirements between U.S. and international compensation plans.
Important components of a global total rewards strategy statement will be discussed as well as how job analysis and job evaluation work within a multinational organization. Examples of how to use global market data to build a multinational salary structure and budget for annual salary increases will be shared. Unique country compensation practices, such as 13th and 14th month payrolls, will also be discussed. Suggestions on short-term and long-term compensation programs within a global organization will also be provided.
The webinar will also include an overview of international assignments, related tax programs and resources to effectively manage international relocations.
After attending the program, a human resources professional should have a good understanding of how base salaries, total cash compensation, and total direct compensation is managed for a multinational organization and have a general orientation to unique programs such as international assignments to manage an international workforce.
Developing a global total rewards strategy
Understanding the use of job analysis and job evaluation within a multinational organization
global market data and foreign exchange rates
Building a multinational salary structure
Managing unique international market practices
Budgeting for global salary increases
Managing short- and long-term incentives in a global organization
An orientation to international
assignments and related tax programs
Credit & Professional Continuing Education Information
Credit Hours - You must attend for 90 minutes to be eligible:
SHRM-CP/SHRM-SCP: ERI Distance Learning Center is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.
aPHR/PHR/SPHR/GPHR: ERI Distance Learning Center is a recognized provider of recertification credits. HR Certification Institute® (HRCI®) pre-approved this program for 1.5 HR (General) credit hours towards aPHR™, PHR®, SPHR®, and GPHR® recertification.
The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
CBP/CCP/GRP/WLCP/CECP/CSCP: This webinar qualifies for recertification credit for the Certified Compensation Professional (CCP®), Certified Benefits Professional® (CBP), Global Remuneration Professional (GRP®), Work-Life Certified Professional (WLCP®), Certified Executive Compensation Professional (CECP™) and Certified Sales Compensation Professional (CSCP™) designations granted by WorldatWork Society of Certified Professionals. Please note that the CECP and CSCP designations require a minimum number of credits from executive and sales compensation-related activities. For more information on recertification, visit the WorldatWork Society recertification webpage at www.worldatwork.org/certification/recertification.
Field of Study:
Specialized Knowledge & Applications
HR Managers, Compensation Managers, Compensation Analysts, Those New to Multinational Compensation
Level of Difficulty:
Working knowledge of compensation
SHRM BoCK: As defined by the SHRM Body of Competency and KnowledgeTM, this webinar covers competency topics related to critical evaluation and global and cultural effectiveness with the knowledge area being total rewards.
Meet the Presenter
Linda Cox, CCP
Linda is the Compensation Project Manager at ERI Economic Research Institute and has over 30 years of Global Compensation Director-level and consultative experience with major multi-national corporations such as Allergan, Beckman Coulter, Quest Software and Dell. She holds a Bachelor of Science Degree in Business Education from California State University, Long Beach, and is a Certified Compensation Professional. She is currently volunteering as Treasurer of The Orange County Compensation & Benefits Association. Linda's business and personal travel has taken her to 32 countries and almost 400 cities throughout the world. She also established the Allergan International Assignment Program which grew to 67 expatriates during her 16 year Allergan career.
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have final authority on the acceptance of individual courses for CPE credit.
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